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Wednesday, November 9, 2011

More Thoughts on Banking

To clarify my post from yesterday a little I would like to say that my thinking does not stem from any feeling that free banking should be a human right. My mindset comes more from that if it were free it would make the world more efficient and remove impediments to doing business.

I think Republicans are misguided in their "over-regulation" crusade and should focus more on regulations that give the edge to specific actors in the market, government sponsored monopolies is what I'm thinking of. I for one would love to see more players in the bank seen, especially players that have a history of driving down costs for consumers.

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